Chile stocks fell on Friday in light volume as investors continued to take profits after a recent market rally, and the peso lost ground for the third day against a rising dollar.
The IPSA blue chip index was down 0.77 percent to 2,089.08 while the broader IGPA index fell 0.61 percent to 9,752.09, preliminary closing figures showed.
Investors have continued to chisel away at a 7 percent rise in the market in recent weeks that ended in early August after the blue chip IPSA climbed to as high as 2219.94 points.
"Trading Volumes are really low amid losses due to profit taking, including in the retail sector," said Roberto Guzman, investment manager with Euroamerica stock brokers.
Stock in retail chain Cencosud fell 0.79 percent to 1,069 pesos a share. On August 3, Cencosud shares hit an intraday high of 1,106 pesos per share.
Energy company Enersis, weighted at 11 percent of the IPSA, was down 0.87 percent to 114 pesos a share, while electric generator Colbun fell 1.97 percent to 74 pesos per share.
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